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UPS to freeze pension plans for 70,000 employees

by synergycap1 | Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Working Capital

United Parcel Service Inc. plans to freeze pension benefits for about 70,000 nonunion employees. The Wall Street Journal reports that the freeze will begin in five years and that the company will move those workers to 401(k) accounts and will contribute funds to those...

SH Group Expands Relationship with Agilysys, Selecting InfoGenesis® POS, rGuest® Pay for 1 Hotel Brooklyn Bridge

by synergycap1 | Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance

ALPHARETTA, GA. — June 28, 2017 — Agilysys, Inc. (Nasdaq: AGYS), a leading global provider of next-generation hospitality software solutions and services, today announced that luxury boutique property 1 Hotel Brooklyn Bridge, which is managed by hotel...

UPS to freeze pension plans for 70K nonunion workers

by synergycap1 | Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Working Capital

United Parcel Service Inc. plans to freeze pension plans for about 70,000 nonunion employees. The Atlanta-based global logistics company said Tuesday it will freeze pension benefits in five years for nonunion workers. It will move those individuals to 401(k) accounts...

General Mills reports 7.7 percent rise in profit

by synergycap1 | Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Cheerios cereal maker General Mills reported a 7.7 percent rise in quarterly profit on Wednesday as the company kept a tight lid on costs and cut back on promotions. Net income attributable to General Mills rose to $408.9 million, or 69 cents per share, in the fourth...

Honda Aircraft ramping up production after sales surpass 100 HondaJets

by synergycap1 | Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Working Capital

Honda Aircraft Co. expects to ramp up production of its HondaJet to 60 units per year by 2018 at its plant in North Carolina.
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